Schiff Introduces Bill For a $50B Federal Catastrophe Reinsurance Program
Schiff, who is also the leading Democratic candidate for Senate, joined other progressives in calling for a federal all perils backstop.
Schiff, who is also the leading Democratic candidate for Senate, joined other progressives in calling for a federal all perils backstop.
With $4 trillion in municipal debt outstanding, lawmakers scrutinized climate risk and how its measured.
Property insurers have several suggestion for updating the National Risk Index, as well as some ideas for the industry’s $1.9 trillion in maturing bonds.
The property insurer says it’s tightening underwriting, pulling out of markets and waiting for the payoff of Florida reforms it backed.
Stronger storms are draining federal government’s fund used to respond to natural disasters at a record pace.
The high profile bill that put California at the forefront of the global warming public policy debate, but now has focus on private market insurance and risk transfer.
During a period of partisan wrangling, House Democrats and Republicans have come together over insurance-linked securities.
Big insuers like AIG, Chubb and Berkshire Hathaway are in the crosshairs.